21 April 2005 11:40 [Source: ICIS news]
SINGAPORE (CNI)--China's BASF-YPC Co will delay the start-up of its 600,000 tonne/year ethylene plant in Nanjing until the end of April, market sources told CNI on Thursday.
Many industry players were following the start-up plan closely in anticipation of higher downstream supplies in the Chinese market.
The naphtha cracker, which also produces 300,000 tonne/year of propylene, was originally scheduled to start-up this weekend. However, the start-up is be pushed back to April 25-27, partially to accommodate some minor repairs, market sources said.
BASF-YPC started producing low-density polyethylene (ldPE) at the cracker complex's downstream 400,000 tonne/year low density polyethylene unit several weeks ago. However, it had yet to start production at the 300,000 tonne/year mono-ethylene glycol (MEG) plant, which was scheduled for mid-May start-up.
The company is a 50:50 joint venture between BASF and Sinopec. BASF-YPC officials were unavailable for immediate comment.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |